Section 6A-11-303 - Security interest unperfected before effective dateA security interest that is enforceable immediately before January 1, 2024, but is unperfected at that time:
(1) Remains an enforceable security interest until the adjustment date;(2) Remains enforceable thereafter if the security interest becomes enforceable under § 6A-9-203, as amended by the amendatory act, on January 1, 2024, or before the adjustment date; and(3) Becomes perfected: (i) Without further action, on January 1, 2024, if the requirements for perfection under the amendatory act are satisfied before or at that time; or(ii) When the requirements for perfection are satisfied if the requirements are satisfied after that time.R.I. Gen. Laws § 6A-11-303
Added by 2024 Pub. Laws, ch. 65,§ 12, eff. 6/10/2024.Added by 2024 Pub. Laws, ch. 66,§ 12, eff. 6/10/2024.